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UNIVERSITY 14

University 14 is an oil lease in Crockett County, Texas, operated by Petx Operating LLC in the Block 38 (Ellenburger) field.

1 well

1,322bbl oil, last 12 months+10% vs prior year
Operator
Petx Operating LLC
County
Crockett County
Field
Block 38 (Ellenburger)
RRC lease
7C-12851

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Gas, last 12 months
18,949 mcf
Oil in Jun 2026
109 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Petx Operating LLC took over from Iron Orchard Operating LLC in Jun 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 10% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 10% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 14, Aug 2023 to Jul 2026. Oil output rose 10% over the last 12 months. 1,216 bbl in the 12 months through Jul 2026, against 1,110 bbl in the 12 months before.Last 12 months: 1,216 bblbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 10% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 14, Aug 2023 to Jul 2026. Oil output rose 10% over the last 12 months. 1,216 bbl in the 12 months through Jul 2026, against 1,110 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2025 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 52.9% of the gas in Jan 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2025 the lease's gas goes to a processing plant instead of lease fuelShare of UNIVERSITY 14 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 52.9% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2025: fuel to plantFlared 52.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2025 the lease's gas goes to a processing plant instead of lease fuelShare of UNIVERSITY 14 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 52.9% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Mar 25: fuel to plantFlared 52.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 19,367 mcf

  • Lease fuel (1)

    0.7% · 143 mcf

Who has run this lease

The operator changed 2 times, most recently in Jun 2025

Operators of this lease over timeOsborn Heirs Company, Jan 2020 to May 2023; Iron Orchard Operating LLC, Jun 2023 to May 2025; Petx Operating LLC, Jun 2025 to Jun 20262020202120222023202420252026Changed Jun 2023Changed Jun 2025Osborn Heirs CompanyJan 2020 to May 2023Iron Orchard Operating LLCJun 2023 to May 2025Petx Operating LLCJun 2025 to now
Operators of this lease over timeOsborn Heirs Company, Jan 2020 to May 2023; Iron Orchard Operating LLC, Jun 2023 to May 2025; Petx Operating LLC, Jun 2025 to Jun 20262020202120222023202420252026Changed Jun 2023Changed Jun 2025Osborn Heirs CompanyJan 2020 to May 2023Iron Orchard Operating LLCJun 2023 to May 2025Petx Operating LLCJun 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY 14
API numberWell no.Status
42-105-356021Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Dec 1, 2008–
Targa Midstream Services LLCCasinghead gasBuys100Jun 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011Jun 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

338.20 acres on the newest permit

Check your decimal on this lease
Permits for University 14
API numberWell no.Acreson the permit
42-105-356021338.20

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for UNIVERSITY 14
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Petx Operating1091552,7422,7420$84.81$3.15
May 2026Petx Operating44523,3653,3650$102.13$2.94
Apr 2026Petx Operating1181493,1783,1780$100.32$2.77
Mar 2026Petx Operating1621539809800$91.38$3.04
Feb 2026Petx Operating2261759309300$64.51$3.62
Jan 2026Petx Operating1571538928920$60.04$7.72
Dec 2025Petx Operating831412,4292,4290$57.97$4.26
Nov 2025Petx Operating58342,1112,1110$60.06$3.79
Oct 2025Petx Operating781082,2752,2750$60.89$3.19
Sep 2025Petx Operating1123747470$63.96$2.97
Aug 2025Petx Operating6973000$64.86$2.91
Jul 2025Petx Operating10670000$68.39$3.20
Jun 2025Petx Operating10510337370$68.17$3.02
May 2025Iron Orchard1181035243810$62.17$3.12
Apr 2025Iron Orchard1011054664420$63.54$3.42
Mar 2025Iron Orchard852062252250$68.24$4.12
Feb 2025Iron Orchard1607211200$71.53$4.19
Jan 2025Iron Orchard95106871286461$75.74$4.13
Dec 2024Iron Orchard691066736730$70.12$3.01
Nov 2024Iron Orchard139969258330$69.95$2.12
Oct 2024Iron Orchard45977406530$71.99$2.20
Sep 2024Iron Orchard78566766330$70.24$2.28
Aug 2024Iron Orchard9552,9222,377351$76.68$1.99
Jul 2024Iron Orchard821111,8541,7920$81.80$2.07
Jun 2024Iron Orchard99552,0141,9210$79.77$2.54
May 2024Iron Orchard64552,3012,1760$80.02$2.12
Apr 2024Iron Orchard671062,0161,9340$85.35$1.60
Mar 2024Iron Orchard1651102,1532,0670$81.28$1.49
Feb 2024Iron Orchard6402,2211,875156$77.25$1.72
Jan 2024Iron Orchard991832,7222,402130$74.15$3.18
Dec 2023Iron Orchard3101,5351,35388$71.90$2.52
Nov 2023Iron Orchard2002181,351697535$77.69$2.71
Oct 2023Iron Orchard158753,2752,0601,014$85.64$2.98
Sep 2023Iron Orchard91462,1921,052930$89.43$2.64
Aug 2023Iron Orchard5401,8671,6190$81.39$2.58

No report filed Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorPetx Operating LLCFieldBlock 38 (Ellenburger)CountyCrockett County

Petx Operating LLC in Crockett County

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Block 38 (Ellenburger) field

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